d not charge bankf america th fraud. finance professor james gel says a fraudharge would have trigged much stiffer pelties. >> the fact thatt was mislding and that they are not arresting people for secities aud shows that they may real think it was morof a paperwork error than an intentnal scam on the plic. >> reporr: regulators charge the documents bank oamerica sent to instors explaining its deal to buy merrillynch were false d misleading. that because bank of america said no bonuses would be paiat merrill witht b of a's approv. bank of amica did not disclose $5.8 blion in bonuses had, in fact, already been approvefor payment to mrill executives. members of congress ve spent many hours lookingnto charges ba regulators pushed bank of america ceo ken wis into a shotgun marriage with a falting merrill lynch. ngressional critic darrell issa says th settlement wraps up just onpart of that contversy. >> it doesn't redu the fact that ts was a sloppy job, done quickl at the bequest, to a great extent of the governnt that was m